Sumitomo Riko Co. Ltd. (TYO:5191) has established a new division for the pursuit of carbon neutrality. As the trend toward carbon neutrality speeds up around the world, the major rubber auto parts manufacturer intends to reduce its in-house greenhouse gas emissions – including those of CO2 – by 30 percent over fiscal 2018–2030. Aims are to then reach carbon neutrality...
Sumitomo Riko Co. Ltd. (TYO:5191) has posted its financial results for the first three quarters of fiscal 2021, revealing sales of 321.5 billion yen ($2.79 million), up by 13.3 percent year-on-year; 1.12 billion yen of business profit, up by 66.4 percent; and a net loss of 4.64 billion yen, improved from a loss of 7.26 billion yen in the same...
Sumitomo Riko Co. Ltd. (TYO:5191) has installed and started up solar power facilities at a plant operating in Mitake, Gifu Prefecture, under domestic group company Tokai Chemical Industries Ltd. These facilities have been established as part of an on-site power purchase agreement (PPA), marking the Sumitomo Riko Group’s third domestic site to make use of such a model. The on-site...
Sumitomo Riko Co. Ltd. (TYO:5191) President Kazushi Shimizu recently spoke about current efforts being made by the company, highlighting here the good progress being made on the structural reform it has been pursuing of late. And with this in mind, plans going forward are to achieve growth for both auto parts and general industrial products, he said. Shimizu noted here...
Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Monilife vital data monitoring equipment picked up for use in 9H Sleep Fitscan, a sleep analysis service offered by Tokyo-based capsule hotel operator Nine Hours Inc. The service launched in early December at a capsule hotel operated by Nine Hours in Tokyo. Monilife takes the form of a piezoelectric sensor based on...
Sumitomo Riko Co. Ltd. (TYO:5191) recently announced that it has started to introduce carbon-neutral city gas supplied by Toho Gas Co. Ltd. (TYO:9533) to its facilities earlier this month. This comes as Sumitomo Riko’s first such initiative, with the company aiming to help bring about a sustainable society through the adoption of cleaner energy. The city gas introduced here sees...
